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Overview
This substantial industrial landholding of approximately 3,434 square metres presents a rare opportunity for redevelopment and strategic repositioning at the eastern gateway to Lidcombe’s town centre. The site’s four street frontages—along Railway Street, East Street, Raphael Street, and Davey Street—provide excellent accessibility, exposure, and versatility for various development scenarios.
Situated around 250 metres from Lidcombe Railway Station, bus interchange, and the vibrant town centre, the site benefits from outstanding connectivity to key hubs including Sydney Olympic Park, Parramatta, Strathfield, Burwood, and the Sydney CBD. This proximity offers seamless transport links, making the site particularly appealing for mixed-use or residential redevelopment to accommodate Lidcombe’s evolving demographic and urban growth.
Currently zoned E4 General Industrial with an existing floor space ratio (FSR) of 1:1, the property comprises three titles: 2 Railway Street (771.4 sqm), 3 East Street (861 sqm), and 5-7 East Street (1,802 sqm). All buildings on the site are securely leased for two years, providing an income stream while offering flexibility for future planning processes. The property's strategic advantage lies in a credible rezoning pathway through the Housing Delivery Authority (HDA) and State Significant Development (SSD) frameworks, facilitating accelerated approvals and unlocking density for a design-led mixed-use project of scale.
The recent approval of the adjacent Lidcombe Central development—featuring a 5:1 FSR and residential towers of up to 17 storeys—sets a clear precedent for scale and mixed-use potential in the area. With the surrounding precinct undergoing significant transformation, this site is poised to capitalize on strong market fundamentals dictated by Lidcombe’s diverse and affluent community.
Key attributes of the site include:
- Expansive, consolidated land area offering development versatility and exposure.
- Four street frontages enhancing accessibility and design options.
- Strong transport and amenity connectivity supporting various uses.
- Clear and accelerated development pathway via HDA / SSD mechanisms.
- Established rental income with secure lease arrangements during planning phases.
- Opportunity to deliver projects with potential views towards Sydney CBD, Sydney Olympic Park, and Parramatta.
This offering suits investors, developers, and strategic builders seeking a sizeable land parcel with immediate access to transport, education, healthcare, and retail amenities. The flexible, structured settlement terms provide buyers with time to manage rezoning and approvals without immediate landholding risks. Interested parties are encouraged to engage early to explore this significant development prospect in a rapidly evolving Sydney precinct.
Local Market Insights
In Sydney - Parramatta, Quiet Listings observed 8 new parcels of land entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $4,671,250. The property type mix of listed properties is predominantly Houses at 43%, followed by apartments (29%), and units (11%). The most active agency for land in the Sydney - Parramatta area is currently Canford Estate Agents, representing 25% of new listings, followed by Adam Charles with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
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Location
Lidcombe NSW 2141